$0.05 dividends are now a reality for SM Energy Company (NYSE:SM) shareholders. Here’s why.

October 18, 2017 - By Michael Collier


Investors sentiment increased to 1.34 in Q2 2017. Its up 0.25, from 1.09 in 2017Q1. It increased, as 36 investors sold SM Energy Co shares while 59 reduced holdings. 32 funds opened positions while 95 raised stakes. 106.22 million shares or 1.23% less from 107.55 million shares in 2017Q1 were reported.
79,856 were reported by Us Comml Bank De. Manufacturers Life Insur Communication The has invested 0% of its portfolio in SM Energy Co (NYSE:SM). Counsel Limited Co New York holds 73,300 shares or 0.11% of its portfolio. Connor Clark And Lunn Mngmt holds 0.02% of its portfolio in SM Energy Co (NYSE:SM) for 187,275 shares. Tci Wealth Advsr invested 0.35% of its portfolio in SM Energy Co (NYSE:SM). Grantham Mayo Van Otterloo Ltd Llc stated it has 28,358 shares or 0% of all its holdings. Amer Bancorp reported 0.01% of its portfolio in SM Energy Co (NYSE:SM). Bryn Mawr Trust stated it has 73,543 shares. Shell Asset Company accumulated 13,443 shares or 0.01% of the stock. Cubist Systematic Strategies Limited Liability Co reported 0.01% in SM Energy Co (NYSE:SM). Deutsche Commercial Bank Ag invested 0.01% in SM Energy Co (NYSE:SM). Frontier Cap Ltd Liability Co has 1.97M shares. Advisory Services Net Llc holds 3,395 shares. Credit Agricole S A invested in 4,236 shares or 0% of the stock. Old Mutual Customised Solutions (Proprietary) Ltd owns 4,600 shares for 0.01% of their portfolio.

Since June 8, 2017, it had 2 buys, and 0 sales for $82,694 activity. $32,888 worth of stock was bought by Ottoson Javan D on Thursday, June 8.

SM Energy Company (NYSE:SM) is expected to pay $0.05 on Nov 1, 2017. The indicated annual dividend is $0.10. Shareholders owning the stock before Oct 19, 2017 will be eligible to receive the payout. Based on SM Energy Company’s current price of $19.12, the dividend is 0.26 %. This dividend’s record date is Oct 20, 2017 and the announcement date is Sep 27, 2017. The stock decreased 0.68% or $0.13 during the last trading session, reaching $19.12. About shares traded. SM Energy Co (NYSE:SM) has declined 24.40% since October 18, 2016 and is downtrending. It has underperformed by 41.10% the S&P500.

SM Energy Company is an independent energy company. The company has market cap of $2.13 billion. The Firm is engaged in the acquisition, exploration, development and production of crude oil and condensate, natural gas and natural gas liquids in onshore North America. It currently has negative earnings. It operates in the exploration and production segment of the gas and oil industry within the United States.

SM Energy Co (NYSE:SM) Ratings Coverage

Among 22 analysts covering SM Energy (NYSE:SM), 13 have Buy rating, 0 Sell and 9 Hold. Therefore 59% are positive. SM Energy has $59 highest and $14 lowest target. $27.06’s average target is 41.53% above currents $19.12 stock price. SM Energy had 64 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of SM Energy Co (NYSE:SM) has “Neutral” rating given on Wednesday, June 21 by Seaport Global. The firm earned “Overweight” rating on Tuesday, October 18 by CapitalOne. The stock of SM Energy Co (NYSE:SM) earned “Buy” rating by Bank of America on Wednesday, January 4. The company was maintained on Wednesday, February 24 by Topeka Capital Markets. Deutsche Bank maintained SM Energy Co (NYSE:SM) rating on Tuesday, June 14. Deutsche Bank has “Hold” rating and $35 target. The firm has “Buy” rating by Seaport Global given on Tuesday, August 30. JP Morgan maintained the stock with “Neutral” rating in Tuesday, March 15 report. The rating was downgraded by Guggenheim on Thursday, April 21 to “Neutral”. On Wednesday, December 23 the stock rating was initiated by Cantor Fitzgerald with “Hold”. Topeka Capital Markets maintained SM Energy Co (NYSE:SM) on Wednesday, October 28 with “Buy” rating.

More news for SM Energy Co (NYSE:SM) were recently published by: Prnewswire.com, which released: “Technical Research on Oil & Gas Equities — Rice Energy, Sanchez Energy, SM …” on October 11, 2017. Nasdaq.com‘s article titled: “Reminder - SM Energy Goes Ex-Dividend Soon” and published on October 17, 2017 is yet another important article.

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